DLF Retains Top Spot in 2025 GROHE-HURUN India Real Estate 150 Report

DLF has retained the top spot in the 2025 GROHE-HURUN India Real Estate 150 Report, with a valuation of Rs 2,07,400 crore, growing 2.6% over the past year. The report, released in Mumbai, ranks India’s most valuable real estate companies and lists the wealthiest real estate entrepreneurs in the country.

According to the report, DLF continues to lead across residential, commercial, and retail verticals. Headquartered in Haryana and led by Rajiv Singh, DLF is actively launching large-scale developments and remains the highest-valued real estate company in India.

Lodha Developers ranks second with a valuation of Rs 1,38,200 crore, up 1.1% from last year. Based in Mumbai and led by Abhishek Lodha, the company has shown consistent financial performance and steady expansion. Lodha remains one of the most valuable listed players in Indian real estate.

Indian Hotels Company (IHCL) has climbed to the third spot in the listing, with a valuation of Rs 1,08,300 crore, following a 36.8% rise in value. Under Puneet Chhatwal’s leadership, IHCL continues to expand its hotel portfolio and is one of the fastest-growing hospitality brands in India, with a focus on Tier 2 and Tier 3 cities.

Prestige Estates Projects has moved up to fourth place in the report, with a valuation of Rs 71,500 crore, growing 11.8% over the year. Headquartered in Bengaluru and led by Irfan Razack, Prestige has a diverse portfolio across housing, office, retail, and hospitality. It has recently signed a strategic deal with investors to develop projects across four cities.

Godrej Properties ranks fifth at Rs 70,600 crore, showing an 8.6% decline in value. Led by Pirojsha Godrej and headquartered in Mumbai, the company remains one of the most recognisable brands in Indian real estate with a strong presence in metros and growing interest in southern markets.

Oberoi Realty ranks sixth with a valuation of Rs 69,400 crore, up 4.8% year-on-year. Under Vikas Oberoi's leadership and based in Mumbai, the company recently expanded into the NCR region and continues to focus on high-end residential and commercial projects.

The Phoenix Mills is placed seventh with Rs 55,900 crore in value, showing a marginal growth of 0.3%. Led by Atul Ruia, the company specialises in large-scale retail-led mixed-use developments. It is expanding its office portfolio near retail hubs in major cities.

Adani Realty ranks eighth in the report, with a valuation of Rs 52,400 crore, down 7.3% compared to last year. Based in Ahmedabad and headed by Jackbastian K Nazareth, the company continues to focus on large-scale urban projects and redevelopment deals in metro cities.

M3M India has re-entered the list, tied at the ninth position with a Rs 37,400 crore in valuation. Headquartered in Gurugram and led by Basant Bansal, the company has rapidly scaled its residential and commercial projects.

Aparna Constructions & Estates entered the list for the first time, valued at Rs 37,400 crore, and shares the ninth spot. The Hyderabad-based company, led by Subramanyam Reddy Sannareddy, grew 12.9% over the past year and has strengthened its presence in southern India, particularly in mid to premium tier housing.